
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for 8th March, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1600 and sell at N1615 on Friday 8th March 2024, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1600 |
| Selling Rate | N1615 |
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | 1488 |
| Selling Rate | 1489 |
Nigeria’s Gross Domestic Product (GDP) expanded by 3.46 per cent in the fourth quarter (Q4) of 2023.
This was revealed by the National Bureau of Statistics (NBS) in its latest report stating that the growth rate was slightly lower than the 3.52 per cent growth seen in the same quarter last year but higher than the 2.54 per cent growth recorded in the second quarter (Q2) of 2023.
The NBS revealed these findings in its Q4 GDP report released on Thursday, attributing the growth primarily to the services sector, which experienced a 3.98 per cent increase.
Southwest Arewa Pro-Tinubu group has visited Ooni of Ife and secured royal endorsement ahead of…
NLC and TUC have warned that Nigeria is near breaking point and threatened a nationwide…
President Tinubu has declared national emergency on insecurity and poverty during May day address. …
Aishatu Binani has dumped ADC and joined NDC amid Adamawa political realignment. NewsOnline Nigeria…
Boko Haram Terrorists has attacked Chibok Community and set houses ablaze. NewsOnline Nigeria reports…
NASU and SSANU has commenced nationwide strike over unresolved allowance dispute. NewsOnline Nigeria reports…